| Talon Metals reports first quarter 2014 results | |
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ROAD TOWN, Tortola, British Virgin Islands , May 14, 2014 /CNW/ - Talon Metals Corp., ("Talon" or the "Company") (TLO.TO) reported net income for the three month period ended March 31, 2014 of $19,082 or $nil per share (basic and diluted). This was primarily the result of investment and foreign currency gains that were offset by project evaluation, due diligence and administration expenses.
This compares to a net loss of $1.3 million or $0.01 per share (basic and diluted) for the three months ended March 31, 2013 , which was primarily the result of project evaluation, due diligence, administration expenses and the Company's share of loss in Tlou Energy Limited.
Capitalized exploration cost on the Trairão Iron Project for the first quarter of 2014 amounted to $65,597 . This compares to $0.4 million for the same period in 2013. The total capitalized exploration cost on the Trairão Iron Project to March 31, 2014 amounts to $17.6 million .
Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2014 , along with Management's Discussion and Analysis, have been filed on SEDAR and are available at www.sedar.com.
About Talon
Talon is a TSX-listed company focused on the exploration and development of the Trairão Iron Project in Brazil . The Company has a well-qualified exploration and mine management team with extensive experience in project management.
SOURCE Talon Metals Corp.
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Talon Metals Corp.
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EXPLORATEUR |
CODE : TLO.TO |
ISIN : VGG866591024 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Talon Metals est une société d’exploration minière d'or basée au Bresil. Talon Metals détient divers projets d'exploration au Bresil. Ses principaux projets en exploration sont SAO JORGE, TRAIRAO, CAMPO GRANDE, SERRITA PROJECT et AGUA BRANCA au Bresil. Talon Metals est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 22,0 millions CA$ (16,1 millions US$, 15,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 01 avril 2011 à 3,14 CA$, et son plus bas niveau récent le 02 avril 2018 à 0,05 CA$. Talon Metals possède 129 649 992 actions en circulation. |